The Recipient will promptly pay to the Relevant Party an amount equal to any credit or repayment from the relevant tax authority which it reasonably determines relates to the VAT chargeable on that supply.
The Agent, at the request of the Transferee (which request is hereby made) accepts, for the Agent itself and for and on behalf of every other Relevant Party, this Certificate as a Transfer Certificate taking effect in accordance with Clause 26 of the Loan Agreement.
If the circumstances of a Relevant Party changes in relation to activities relating to a Government Authority, You must notify (or procure that Your Related Bodies Corporate or Representatives notify) Aon immediately in order that Aon may take whatever actions may be appropriate to ensure that Aon remains in compliance with all applicable anti-bribery laws, regulations and administrative requirements.
Director Print Name: To be executed by each Relevant Party by the signature of two directors, unless Rule 1.3A (inserted by the Capacity Market (Amendment) Rules 2014) applies, or execution is on behalf of a company which is not a UK-registered company (in which case it is to be duly executed under the law of the place in which the company is incorporated).
A waiver of one Default or Event of Default with respect to a Relevant Party shall not be construed to be a waiver of any subsequent Default or Event of Default by such Relevant Party or to impair any remedy, right or power consequent thereon.
More definitions of Relevant Party
Relevant Party means each of the Borrowers, any other Security Party and any other member of the Group;
Relevant Party means each Dealer, each of its affiliates and each person who controls that Dealer (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) and each of their directors, officers, employees and agents;